Real Estate Prices and Overview
Bob Bullock Loop / Route 359 median real estate prices are $82,768, which is less expensive than 71.6% of Texas neighborhoods
and 84.4% of all U.S. neighborhoods.
Average rental prices in Bob Bullock Loop / Route 359 are currently
$431, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 90.9% of Texas neighborhoods.
Bob Bullock Loop / Route 359 is an urban neighborhood (based on population
density) located in Laredo, Texas.
Bob Bullock Loop / Route 359 real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Bob Bullock Loop / Route 359 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Bob Bullock Loop / Route 359, the current vacancy rate is 1.3%,
which is a lower rate of vacancies than 94.5% of all neighborhoods
in the U.S. This means that the housing supply in Bob Bullock Loop / Route 359
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Diversity
Did you know that the Bob Bullock Loop / Route 359 neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 91.3% of
this neighborhood's residents have Mexican ancestry.
Bob Bullock Loop / Route 359 is also pretty special linguistically. Significantly, 95.1% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.
Notable & Unique: Occupations
There are more people living in the Bob Bullock Loop / Route 359 neighborhood
employed as sales and service workers (52.0%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
Notable & Unique: Modes of Transportation
In the Bob Bullock Loop / Route 359 neighborhood, carpooling is still a popular
way to get to and from work. NeighborhoodScout's analysis reveals that
24.3% of commuters carpool here, which is more than in
97.4% of all U.S. neighborhoods.
The Neighbors: Income
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the Bob Bullock Loop / Route 359 neighborhood in Laredo are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 91.5% of U.S. neighborhoods.
With 55.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.4%
of U.S. neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Bob Bullock Loop / Route 359 neighborhood, 48.0%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 27.8% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(15.2%), and 8.2% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Bob Bullock Loop / Route 359 neighborhood in Laredo, TX, residents
most commonly identify their ethnicity or ancestry as Mexican
(91.3%). In addition, 39.0% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Bob Bullock Loop / Route 359
neighborhood is Spanish, spoken by 95.1% of households. Some people also speak English (4.9%).
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Bob Bullock Loop / Route 359 neighborhood spend
between 15 and 30 minutes commuting one-way to work (56.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.5%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.